Historic Ghana Cedi Lao kip

Ghana Cedi lao kip history for January 2024. The highest quote for this month is 1733.08 (07/01/2024) and the lowest 1733.08 (06/01/2024). The difference between high and low is 0.

GHS LAK average rate for January 2024 is 1711.91148, the change between 01/01/2024 and 31/01/2024 is +1.25 %.

01 January 20241 GHS = 1700.79 LAK
02 January 20241 GHS = 1700.79 LAK
03 January 20241 GHS = 1722.69 LAK
04 January 20241 GHS = 1722.69 LAK
05 January 20241 GHS = 1730.25 LAK
06 January 20241 GHS = 1733.08 LAK
07 January 20241 GHS = 1733.08 LAK
08 January 20241 GHS = 1708.33 LAK
09 January 20241 GHS = 1729.41 LAK
10 January 20241 GHS = 1713.85 LAK
11 January 20241 GHS = 1729.41 LAK
12 January 20241 GHS = 1726.09 LAK
14 January 20241 GHS = 1729.14 LAK
15 January 20241 GHS = 1707.46 LAK
16 January 20241 GHS = 1703.89 LAK
17 January 20241 GHS = 1703.43 LAK
18 January 20241 GHS = 1731.54 LAK
19 January 20241 GHS = 1727.20 LAK
22 January 20241 GHS = 1693.21 LAK
23 January 20241 GHS = 1719.58 LAK
24 January 20241 GHS = 1723.71 LAK
25 January 20241 GHS = 1708.26 LAK
26 January 20241 GHS = 1707.85 LAK
28 January 20241 GHS = 1696.39 LAK
29 January 20241 GHS = 1659.47 LAK
30 January 20241 GHS = 1680.49 LAK
31 January 20241 GHS = 1679.53 LAK

01/01/2021: Digitalization of the kip

The Bank of the Lao PDR introduced digital payment systems and promoted cashless transactions to modernize the use of the kip in the digital era.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

14/10/2013: Kip exchange rate liberalized

Laos liberalized its exchange rate regime, allowing the kip's value to be determined by market forces, leading to fluctuations in its value.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

02/05/1980: Revaluation of the kip

The Lao government initiated a revaluation of the kip, resulting in the exchange rate of 1 new kip to 100 old kip.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

02/12/1976: Kip becomes the sole legal tender

The Lao kip was declared as the sole legal tender in Laos, replacing the use of other currencies within the country.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

01/01/1952: Currency reform

Laos implemented a currency reform that replaced the French Indochinese piastre with the new kip, at an exchange rate of 100 new kip to 1 old piastre.

12/10/1945: Lao kip introduced

The Lao kip was first introduced as the official currency of Laos following the country's liberation from French colonial rule.
GHS LAK July 2023
GHS LAK August 2023
GHS LAK September 2023
GHS LAK October 2023
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GHS LAK December 2023
GHS LAK January 2024
GHS LAK February 2024
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GHS LAK June 2024
GHS LAK July 2024